8201 20th St, Vero Beach, FL 32966

Available for Sale. Onwership is looking to sell the entire parcel collectively or will consider selling the rear ~10-11 acres. Ownership also expresses interest in ground leasing outparcel(s) to credit users. Please note, adjacent to this parcel are a few larger tracts of land which may provide an opportunity for a larger scale mixed use project.

~12.35 acres at the SWC of the traffic lit intersection of State Road 60 (SR60 aka 20^th Street) and 82^nd Avenue in Vero Beach, Florida. Site is in close proximity to i-95. Good residential activity happening in the trade area and 82^nd is planned to be extended (and likely widened). Oslo interchange is moving forward from what we understand.

Site plan approval was previously obtained for a ~70,000 sf retail project plus the ~1.75 acres fronting SR60, as shown on the site plan. A lease was finalized with Publix in 2021 as well as with several other retail tenants. Site plan approval was also obtained, however, the lease with Publix and all other leases have since been terminated as a result of macroeconomic factors which followed lease execution and site plan approval. As such the approved site plan is for reference only, however, the zoning and entitlements are a strong value add and a big time saver.

For the whole of the ~12.35 acres, we are seeking $6.75M on a quick close.